National Crime Agency to create law sector SARs forum

The National Crime Agency (NCA) is to create a legal sector suspicious activity reporting working group to help further engagement from legal professionals across the UK.

Run by the NCA's UK Financial Intelligence Unit (UKFIU), the sector-specific working groups provide an opportunity for the UKFIU and the private sector to engage on key developments in the suspicious activity reporting regime and improve the quality of SARs submitted across all sectors.

The UKFIU is looking for 10-12 members to take part in the working group. It will be a members-only forum and those who take part do not need to fall under the scope of the Money Laundering Regulations to participate. One of the members of the forum will act as chair, with the role rotated regularly.

Interest is expected to be high. To find out more or express your interest in joining, please email aml@lawscot.org.uk by 30 April 2024.